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Bank of Montreal

492 hedge funds and large institutions have $33.8B invested in Bank of Montreal in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 180 increasing their positions, 149 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 43

21% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 149

16% more call options, than puts

Call options by funds: $784M | Put options by funds: $676M

1% more funds holding

Funds holding: 487492 (+5)

1% more capital invested

Capital invested by funds: $33.5B → $33.8B (+$376M)

0.86% more ownership

Funds ownership: 46.79%47.65% (+0.86%)

7% less funds holding in top 10

Funds holding in top 10: 2826 (-2)

Holders
492
Holders Change
+5
Holders Change %
+1.03%
% of All Funds
7.09%
Holding in Top 10
26
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-7.14%
% of All Funds
0.37%
New
52
Increased
180
Reduced
149
Closed
43
Calls
$784M
Puts
$676M
Net Calls
+$108M
Net Calls Change
-$129M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$6.22B -$235M -2,487,368 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.8B +$51.4M +544,767 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$2.49B +$53.4M +565,462 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.85B -$27.6M -292,816 -2%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$1.47B +$136M +1,438,222 +11%
National Bank of Canada
6
National Bank of Canada
Quebec, Canada
$1.32B +$366M +3,874,573 +38%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$1.28B -$128M -1,352,192 -9%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$1.13B -$223M -2,364,877 -17%
Fidelity International
9
Fidelity International
Bermuda
$964M +$65.4K +693 +0%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$957M +$57.2M +605,630 +7%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$884M +$16.8M +177,592 +2%
Norges Bank
12
Norges Bank
Norway
$719M -$80.3M -850,212 -10%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$669M +$107M +1,128,281 +20%
BGC
14
Beutel, Goodman & Co
Ontario, Canada
$557M -$5.77M -61,090 -1%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$543M -$2.8M -29,625 -0.5%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$475M -$64.1M -679,314 -12%
Goldman Sachs
17
Goldman Sachs
New York
$440M +$164M +1,741,729 +63%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$435M +$44.7M +473,084 +12%
Legal & General Group
19
Legal & General Group
United Kingdom
$409M +$420K +4,454 +0.1%
JFL
20
Jarislowsky, Fraser Ltd
Quebec, Canada
$374M +$332M +3,512,716 +1,117%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$352M -$239K -2,534 -0.1%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$339M +$13.4M +141,977 +4%
SC
23
Scotia Capital
Ontario, Canada
$333M +$12.2M +129,608 +4%
Fiera Capital (Canada)
24
Fiera Capital (Canada)
Quebec, Canada
$326M +$19.8M +209,448 +7%
Capital Research Global Investors
25
Capital Research Global Investors
California
$307M +$297M +3,146,828 New

BMO Hedge Fund Activity: Q1 2024 in Review

492 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2024, worth a combined $33.8B — up 1.1% from $33.5B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new BMO positions and 43 closed out — a net gain of 9 holders — while 180 added to existing stakes and 149 trimmed.

The largest buyer was National Bank of Canada, adding an estimated $366M. The largest seller was Royal Bank of Canada, cutting an estimated $235M.

  • 492 institutional investors held Bank of Montreal (BMO) as of Q1 2024, up from 487 in Q4 2023.
  • Funds reported $33.8B of Bank of Montreal stock for Q1 2024, up 1.1% quarter-over-quarter.
  • 52 funds opened new Bank of Montreal positions in Q1 2024 and 43 closed out, a net change of +9 holders.
  • The largest Bank of Montreal buyer in Q1 2024 was National Bank of Canada, an estimated $366M added.
  • The largest Bank of Montreal seller in Q1 2024 was Royal Bank of Canada, an estimated $235M sold.

Based on aggregated 13F filings for Q1 2024.